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Nov 16
2011

Responding to Risks When Working with Third-Party Vendors

Posted by: Michele Westergaard in MyBlog

Tagged in: SOX , Risk Management , Internal Controls , Internal Audit , FCPA , ERM , Audit

Michele  Westergaard

CIS-Partners, a consulting firm specializing in compliance strategies for the pharmaceutical industry, wrote an article entitled, “Don’t Get Burned”. The main focus of this article is to discuss how organizations are shifting to third-party vendors and in turn, how internal auditors need to respond to the risks associated with this process.

View article here: http://www.cis-partners.com/downloads/RiskWatch_June2011_Don'tGetBurned.pdf

CIS-Partners is a sponsor of the upcoming marcus evans Life Sciences Internal Audit Forum, February 7-9, 2012 in Philadelphia, PA. During this event, two key sessions will focus on third-party audits and managing the risk that comes along with these new types of relationships. These include: “Administering Effective and Reliable Audits of Third Party Relationships” – Andy Weintraub, Director, Group Internal Audit at AstraZeneca
“Recognizing Key Risk Areas in the Overall Operational Audit Management” – Pawel Bialecki, Senior Manager, Internal Audit at Cephalon
Don’t miss out on this two-day premiere event! Other key topics include: • Improving communication between business units and internal audit to increase performance • Mitigating risk in the internal audit area by assessing financial and non-financial areas of risk • Discuss how automated controls can increase effectiveness and decrease cost

For a full list of speakers and sessions, please contact Michele Westergaard at 312-540-3000 ext. 6625 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it . For registration information, visit: http://www.marcusevansch.com/LSIA_IGF

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